“A Reuters analysis of U.S. household data shows that the bottom 60 percent of income-earners have accounted for most of the rise in spending over the past two years even as the their finances worsened – a break with a decades-old trend where the top 40 percent had primarily fueled consumption growth.”
Related posts:
BOND New York Real Estate Will Accept Bitcoins as Payment
Why the United States will never leave Yemen
Voters Weigh Eased Pot Laws
China's ZTE pays $1.7B bribe to Commerce Dept. for permission to reopen
Americans Abroad Stranded as US Check Clearance Blocked
Russian spokesman mocks Britain, the little island
300 tonnes of radioactive water is worst leak yet at Japan’s Fukushima
Thousands of Brazilians march for president's removal
Army: 60 hospitalizations blamed on synthetic vaping oils
No free meals? IRS considers taxing perks at Google, other tech firms
Mexico's Vicente Fox pushes marijuana debate to forefront
Muslim union demands pope apology, accuses him of sedition
Brazilian authorities face fresh protests against government corruption despite concessions
Millions affected after cyber attack on HSBC
Egypt approves new constitution with 32.9% voter turnout